Is Broadcom Stock the Next Pick for the Magnificent 7? This Analyst Thinks So.

It may not be the news that Tesla (NASDAQ:TSLA) CEO Elon Musk wants to hear, but Interactive Brokers Chief Strategist Steve Sosnick believes semiconductor and infrastructure specialist Broadcom (NASDAQ:AVGO) should replace TSLA on the list of so-called “Magnificent Seven” stocks. Earlier today, Sosnick placed great emphasis on the ability to leverage artificial intelligence (AI) as a compelling argument for Broadcom stock. “Broadcom captures the whole zeitgeist of the moment right now […] It’s an AI stock m ...